July 22nd, 2014
Millennials don’t have it easy.
Many of them won’t find much comfort in encouraging headlines proclaiming economic recovery, or the recent news that the U.S. unemployment rate fell to 6.1 percent last month to the tune of 288,000 new jobs.
According to the Georgetown University Center on Education and the Workforce, nearly 40 percent of the unemployed fall into the millennial generation. That equals 4.6 million unemployed people, of which 2 million are long-term unemployed. Compared to the 4.2 million Generation Xers and 2.5 million baby boomers who are unemployed, being a millennial doesn’t sound like a ton of fun right now.
Although the Labor Department’s latest report states that the unemployment rate dropped to 6.1 percent from 6.3 percent, the numbers might be a little misleading. Generation Opportunity, a non-partisan advocacy organization, says that the unemployment rate for 18-29 year olds is actually 15.2 percent, if you include people who have stopped looking for work. These long-term unemployed are particularly concerning, as they’re likely to stay discouraged about their prospects in the long run.
July 15th, 2014
A college diploma can’t guarantee success. It tips the odds in your favor when you’re competing against somebody with less education, but that doesn’t mean that the hard work is over. When you walk across that stage in your cap and gown and exit the college bubble, you’re replacing the stress of schoolwork with the stress of the workforce. And the scary bit is that this transition is not always fluid if you’re not ready for it.
July 28th, 2010
That’s right, Credit Karma is hiring! Rain or shine and foggy or clear, Credit Karma’s San Francisco-based office is constantly moving and shaking to keep up with bringing almost 2 million consumers their free credit scores, helpful credit resources, and personal savings offers.
The question is… are you ready to be part of the action?
July 22nd, 2010
It’s a pretty vicious cycle—without a steady paycheck, unemployed Americans’ shaky financial situations can often plummet credit scores. At the same time, employers are increasingly doing credit checks to screen job applicants.
So if unemployment is worsening your credit, it may very well be the things that costs you a job.
June 18th, 2010
May 19th, 2010
May 17th, 2010
March 5th, 2010
February 9th, 2010
November 9th, 2009